The Fed’s Fiat Money Is the Real Cause of Price Inflation
Politicians say “greedflation,” and profits are what fuels rising prices, but the real culprit is fiat money creation fueled by the central bank.
Will Brazil’s Government Shut Down X for 20 Million Brazilians? David Inserra Comments
David Inserra Statement from David Inserra, a fellow for free expression and technology at the Cato Institute: Brazilian courts have now formally threatened to shut down X (formerly Twitter) in…
How To Destroy an Economy—Kamala’s Housing Plan
The recent “housing” plan from the Kamala Harris campaign is being touted in the media as a “solution” for this nation’s housing problems. However, the plan, if implemented, will be…
The Tax Cut and Jobs Act of 2017
Jeffrey Miron Focusing on the business tax cuts, a new paper reaches five conclusions: First, large corporate tax cuts are expensive and increase the deficit substantially; specifically, the reform reduced…
Ignore the Politicians: Trade Deficits Don’t Really Matter
Michael Chapman The 2024 Republican Party platform, reflecting the protectionist views of presidential nominee Donald Trump, notes that “our trade deficit in goods” is over $1 trillion a year and…
The Euro Is a Frankenstein-Currency
It may not have been manufactured in the lab of a mad scientist, but the euro is still a manufactured, cobbled-together currency made from a number of national monetary units.…
Americans Think Increased Manufacturing Employment Would Be Good for the Country but Not for Themselves
Colin Grabow One of the more intriguing results of a recent Cato Institute–commissioned poll about trade and globalization was the respondents’ views on manufacturing. When asked whether the country would…
Where the Candidates Stand on Election Policy
Walter Olson Where do the candidates in this fall’s White House race stand on issues of election and voting policy? The record holds few surprises, and the surprises that can…
Political Realignment? The Trump-RFK-Tulsi Alliance
What does this new coalition mean for broader realignment between parties?
Why the Crony Class Loves Artificially-Low Interest Rates—And Why You Shouldn’t
A few years ago, the leftist publication The Intercept claimed that inflation only hurts the “one percent,” but is “good” for everyone else. The truth is much different, as the…